Our solution offers Wealth Managers two options to overcome regulatory barriers when managing multiple investment accounts. It can automatically open virtual accounts for your clients, pool their money for investment and place the pooled cash with one or more of these financial institutions. Alternatively, we can manage the real bank accounts of your clients, taking client or investment advisor instructions to automatically deposit, sweep or pay away funds from these accounts as required.
Cashfac is a global fintech, specialising in real time operational cash management. Their platform is the world’s most widely deployed virtual accounts solution, delivered via bank partners and direct-to-customer. Used by fund managers, SIPP and pension administrators, trading platforms, trust and escrow services, and property managers, Cashfac helps firms improve the productivity, visibility, automation and regulatory compliance of cash management operations.